Strides Made in Processing Industries Spur Opportunities in Desiccants and Adsorbents Market

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Sep 08, 2021

ResearchMoz.us has announced the addition of a report, titled “Global Desiccants and Adsorbents Market Insights and Forecast To 2026”. The study offers a critical assessment of key growth dynamics, recent application trends, share and size of various key segments, and current opportunities in various key geographies. The study offers a detailed assessment of key winning imperatives for top incumbents and promising avenues for new entrants. The report also presents insights into the potential revenue streams in key product segments such as calcium carbonate, silicone, and calcium chloride.

The study also takes a closer look at the potential revenues in various end-use industries during the assessment period through 2026. Desiccants and other adsorbents are popularly used in industrial purification by removing the excess humidity in gases and liquid. The wide array of adsorbents used are silica gel, activated carbon, clay, molecular sieve, and activated alumina. Usually, manufacturers use a variety of raw material combination such as coal, coconut, silicate and bauxite.

The growing demand for desiccants in and gas and petrochemicals, construction, pharmaceuticals, refractories, and water treatment plants is boosting the market. The global valuation of the desiccants and adsorbents market is expected to clock at an impressive CAGR through 2026.

The use of different adsorbents has also gained robust impetus on the back of stringent implementation of regulations and industrial norms to reduce the environmental impacts of industrial effluents. Over the years, numerous adsorbents have become cost-effective. Different process industries are harnessing the advanced chemistries of desiccants and adsorbents.

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Strides in denitrogenation/desulfurization technology have paved way to new avenues in the desiccants and adsorbents market. However, there are some challenges and constraints that are impeding the expansion avenues and can hinder the players to realize the full potential in the market. Depletion of raw materials is a key hindrance and challenge for several players.

Industrial players are keen on adopting versatile desiccants and adsorbents. The competitive landscape is increasing influenced by the relentless efforts being made by improving the chemistry of these materials. In particular, new generation of products in the desiccants and adsorbents market have put special attention on high thermal stability. Also, advanced chemistry leads to high abrasion with small pore diameters.

Rising application of activated carbon and graphite in industries for purification is also boosting the desiccants and adsorbents market.

Some of the key geographical markets are North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Market players including chemical manufacturers and vebdirs are seeing considerable avenues in the U.S., Canada, the U.K., China, Japan, India, and South Korea. Some other countries in which avenues are being assessed are Taiwan, Indonesia, Thailand, Australia, Malaysia, Vietnam, Philippines, Turkey, Saudi Arabia, and U.A.E.

On the regional front, North America and Asia Pacific have been witnessed vast strides in the expansion avenues in the desiccants and adsorbents market. Asia Pacific has gained incredible growth momentumon the back of the strides being made by industrial production. Burgeoning process industries in emerging economies of Asia Pacific has fueled the prospects. Vendors are seeing new revenue streams on the back of the regulatory norms and regional regulations on environmental pollution. China, India, and several economies of the developing world has seen rapid uptake of new products in the desiccants and adsorbents market.

Get Sample PDF (including COVID19 Impact Analysis, full TOC, Tables and Figures) of Market Report @ https://www.researchmoz.us/enquiry.php?type=S&repid=2768129

Some of the well-entrenched players in the desiccants and adsorbents market are Norit, Johnson Matthey, Jacobi Carbons AB, Calgon Carbon, Zeochem, UOPWR Grace, BASF, and Almatis GmbH.

 

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